Property back in favour, while personal finance outlook down

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In the latest survey concerning the wisest places to put new savings, 25 per cent of respondents said “real estate”, up sharply from just over 18 per cent in the

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Consumers’ cautious optimism

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The Roy Morgan Consumer Confidence Rating rose by 1.8 points last week to 110.8 points. The survey is the first to cover the June rate cut and the latest economic

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Economic trends: The New Age Aussie Consumer

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Consumers have had to make choices in recent times. Housing purchase, rent and utilities have become more expensive; some goods and services like cars, mobile phones & internet, furniture and

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Jobs: The good news keeps on coming

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Employment rose by 38,900 in May after rising by a revised 7,100 (previously 15,500 in April). Economists had expected a flat result. Full time jobs the key: In May part-time

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Mining states propel growth to a five year high

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Just three of the 19 industry sectors contracted in the March quarter. Modest contributions to growth came from mining, financial &insurance services and professional & scientific services, while the manufacturing

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Reserve Bank opts for actions over words

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The Reserve Bank Board cut the official cash rate by 25 basis points (quarter of a percentage point) to 3.50 per cent. The cash rate is at the lowest level

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Record cutback in investment plans

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New business investment rose 6.1 per cent in the March quarter, ahead of forecasts centred on a rise of 3 per cent. Spending on buildings rose by 10.5 per cent

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Convincing case to cut rates again

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There’s not a lot of good news in the economy at present. The latest data showed profits, job ads and tourist arrivals all fell. The main piece of good news

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Aussie Government bond yields at 64-year lows

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Australian 10-year bond yields fell to 2.848 per cent last night – the lowest yields since 1948.  What does it all mean? The last time that Australian long-term government bond

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Home sales rebound before grant is scrapped

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New home sales rebound from 11-year lows – new homes sales lifted by 6.9 per cent in April, a partial rebound from March where sales slumped 9.4 per cent to 11-year

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